Report

Update: Navigating difficult markets

The BlackRock Latin American Investment Trust (BRLA) provides investors with managed exposure to equities in the region, with the main country weightings being Brazil and Mexico (c 87% together). Over the last year, concerns over weakening global growth and US monetary policy have affected Latin American currencies and equities. The manager is cautious on Brazil but sees better near-term economic prospects for Mexico and Peru, where the portfolio holds overweight positions. With much of the bad news potentially built into market prices, sentiment could rapidly turn and in the meantime, holders of BRLA benefit from a 6.7% yield.
Underlying
BlackRock Latin American Inv Tst

BlackRock Latin American Investment Trust is an investment trust company. Co. invests in quoted securities in Latin America. Co. invests across a range of sectors, including consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, telecommunications services, utilities, and fixed income. BlackRock Fund Managers Limited has been appointed as Co.'s Alternative Fund Manager while BlackRock Investment Management (UK) Limited acts as Co.'s Investment Manager.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch